2 Flat 3266 Armitage Chi Logan Square Chicago I| Chicago Property Listings – X Plus Real Estate

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2 Flat 3266 Armitage Chi Logan Square Chicago I

City: Chicago ZIP: 60647

Built In: U

Lot Size: K

Lot Dimensions: 25X150

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1300

Unit 2 Floor 2: 3 bedrooms 1 baths $VAC

Detailed Listing Description

AMAZING LOGAN SQUARE LEGAL 2 FLAT ON 150 FT LOT. EVERYTHING HAS BEEN DONE HERE. JUST SUPERB. HIGH END FINISHES, HUGE YARD, NEW PLUMBING, HVAC, ROOF, WINDOWS, KITCHEN, JUST TOO MUCH TO LIST. EASY TO SEE, DUPLEX UNIT IS VACANT AND READY FOR A NEW OWNER, OTHER UNIT IS OCCUPIED AT $1,300. FABULOUS LOCATION, WALKING DISTANCE TO 606, PALMER SQUARE, FARMERS MARKET, RESTAURANTS, ETC.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,C,D,E,F,G,I,S,U
  • Appliances Unit 2A,B,C,D,E,F,G,I,R,S,T
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 15% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 11% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $32,532 Monthly $2,711
Rental Income Stabilized : Annual $38,016 Monthly $3,168
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$595,0002$297,5003.05%18.290.53%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,711$3,168
Year Total$32,532$38,016
Expense
Total$14,402$14,402
Net Operating Income$18,130$23,614
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7200 $19934 $27134 $2262
Total         $7,200 $19,934 $27,134   $-9,004 $7,200 $-1,804
Stabilized         $7,200 $19,934 $27,134   $-3,520 $7,200 $3,680
Custom         $7200 $19934 $27134   $-3520 $7200 $3680




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1446,2502,2625891,6735891,6732,262
2445,6612,2625911,6711,1793,3454,524
3445,0712,2625931,6691,7725,0146,786
4444,4782,2625951,6672,3686,6809,048
5443,8822,2625971,6652,9658,34511,310
6443,2852,2626001,6623,56510,00713,572
7442,6852,2626021,6604,16711,66715,834
8442,0832,2626041,6584,77113,32518,096
9441,4792,2626061,6565,37714,98120,358
10440,8732,2626091,6535,98616,63422,620
11440,2642,2626111,6516,59718,28524,882
12439,6532,2626131,6497,21019,93427,144
13439,0402,2626161,6467,82621,58029,406

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Listing Agent: Luis Saldana
Listing Office: Forte Chicago Inc.
3101 W. Armitage Chicago

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